This highly tillable tract is located at the Southwest corner of the Hwy 136 and Hwy 13 junction just outside of the city limits of Bethany, MO. There is easy access on three (3) of the four (4) sides with highway frontage along the east and north sides, and gravel frontage along the west side. The current lease ends in 2020 at $115/acre on 230 tillable acres m/l. In just seven (7) months of ownership, some much-needed dirt work has been completed to improve the property, which will most likely increase the cash rent to at least $150/acre in 2021 and future years, putting it at a 3.35% ROI at the current list price. In addition to cash rent income, there is potential to sell some smaller acre lots for future development, creating additional income from the property. And finally, with some timber to the south portion of this property, and food sources to the north and west, there is ...
This highly tillable tract is located at the Southwest corner of the Hwy 136 and Hwy 13 junction just outside of the city limits of Bethany, MO. There is easy access on three (3) of the four (4) sides with highway frontage along the east and north sides, and gravel frontage along the west side. The current lease ends in 2020 at $115/acre on 230 tillable acres m/l. In just seven (7) months of ownership, some much-needed dirt work has been completed to improve the property, which will most likely increase the cash rent to at least $150/acre in 2021 and future years, putting it at a 3.35% ROI at the current list price. In addition to cash rent income, there is potential to sell some smaller acre lots for future development, creating additional income from the property. And finally, with some timber to the south portion of this property, and food sources to the north and west, there is also some ideal whitetail hunting conditions for the avid hunter. For more information and a personal tour of this property, contact Aaron Franklin at 660-748-6314!